Aloha Stadium, which Fasi described as "the world's largest, rusting steel erector set ever built in the history of mankind," sits on 108 acres of prime property that can be sold to pay for other projects.

Fasi, 75, outlined his plan yesterday while announcing his bid for an unprecedented seventh term as Honolulu mayor.

Fasi was not specific about how he as mayor could force the sale of a state-run stadium.

A new, multipurpose 75,000-seat stadium can be built in Leeward or Central Oahu for $250 million, he said. The rest of the money, he said, will go toward building a "San Diego-type zoo" in Central Oahu with Disney-type attractions as well as an underwater restaurant off Magic Island.

The money would also help fund an underwater tunnel through Pearl Harbor to ease traffic along the Leeward coast.

Fasi also said he'll create tent cities for the homeless living on beaches and come up with a county jail system.

He also wants to provide free bus service for senior citizens and in Waikiki, and reinstitute a police "metro squad" to help deal with youth gang problems.

Fasi said he would generate an additional $200 million through the sale of the city's Manana property in Pearl City which is currently undergoing a master plan process before the City Council.

Fasi insisted that he is not diving into this year's mayoral campaign as a personal vendetta against current Mayor Jeremy Harris.

"I have a job to finish," Fasi said.

Yet minutes later, Fasi acknowledged he would "probably not" be challenging the incumbent mayor if Harris had endorsed him in his gubernatorial bid two years ago.

Fasi resigned as mayor in 1994 to run for governor, leaving Harris, then his managing director, to lead the city. Harris won a two-year term that fall.

Fasi has spoken bitterly about his split from Harris and accused him of reaping the rewards of projects started under the previous administration.

He continued that attack yesterday. "I don't try to take credit for something somebody else did and I didn't do," he said.

"And one thing I'm known for . . . is I don't cross my friends or my benefactors and I keep my word," he said. "To me, this is all very, very important."

Harris yesterday had little to say about Fasi's entry into what looks to be a three-way fight, including Arnold Morgado.

The mayor said he's not surprised that his former boss is entering the race.

"I thought he entered the race a year and a half ago," the mayor said, alluding to the criticism Fasi has leveled at him during that time.

"He's been campaigning for a year and a half."

Harris said he doesn't see Fasi's entry making a large impact on the most recent polls.

Bill Meheula, a Morgado campaign co-chairman, welcomed Fasi's entry into the race.

Meheula said Morgado supporters believe three major candidates will mean no one candidate will receive a majority of votes in the September special election.

That would force a runoff between the top two vote-getters in November. Polls from both the Harris and Morgado camps show the challenger running second to Harris with Fasi placing third.

"Jeremy Harris has been the mayor and he's been in the public eye for a long time, and I think it's going to take us a little while to show who he really is and that he really hasn't done a good job and that he really hasn't represented accurately what he has done," Meheula said.

Fasi did not reserve his punches for Harris exclusively.

He called Morgado "the lesser of two bad choices" when compared to Harris.